Chesed Fund Limited is located in Baltimore, MD. The organization was established in 2005. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chesed Fund Limited is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Chesed Fund Limited generated $15.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $146.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDING TO PROMOTE JEWISH EDUCATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Danielle Sarah Storch President | 1 | $0 | |
Harold Rappoport Treasurer | 1 | $0 | |
Aidel Cooperman Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $10,019 |
Interest on Savings | $5,773 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $15,792 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $31,309 |
Total operating and administrative expenses | $33,559 |
Contributions, gifts, grants paid | $113,046 |
Total expenses and disbursements | $146,605 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,628 |
Savings and temporary cash investments | $6,271 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $89,539 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $31,495 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $27,698 |
Other assets | $0 |
Total assets | $159,631 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Chesed Fund Limited has awarded $113,046 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
PROJECT EZRA PURPOSE: GENERAL SUPPORT | $5,079 |
SYNAGOGUE KESSER SHEM TOV PURPOSE: GENERAL SUPPORT | $107,967 |